"… China should realize that even with the support of the state banking sector, even with the damage the global financial crisis has inflicted on Western business, China cannot expect to implement its investment strategy unopposed."
"China has doubled overseas investment in recent years and will make great efforts on trade and investment facilitation by offering more financial support, simplifying the approving process and signing agreements with more countries."
Relaxed control was aimed to solve the financing difficulties of Chinese firms when they expand overseas, and such support for overseas expansion was meant to boost exports.
Domestic companies will be allowed to register the source of their foreign exchange financing after their investment overseas instead of obtaining approval beforehand.
The guidelines are based on the laws, regulations and official statistics of the countries and regions, so they are objective in reflecting the regional situation.
"Analyses shows that export-oriented acquisition has a higher probability of failure but import-substitution acquisition has a higher chance of success."
Integration involves not only finance and business, by merely adding them together, but also other problems such as transnational cultural conflicts and management conflicts.
"Constantly refuting links with the State does not necessarily help, in fact it only hinders the process, creating an impression of dishonesty in the eyes of many observers."
The continuing spread of investment protectionism also poses as a new challenge to China's enterprises and increases difficulty and complexity of M&As.
